Stars Go Dim Performance Royalties
Bid on public performance earnings generated by the No. 1 hit “You Are Loved.”
The Theoretical IRR is a formulaic guideline based on an extrapolation of the normalized, historical earnings trend of the catalog. The Theoretical IRR is not a guarantee of future performance. It should be used for comparison purposes only. Each catalog has its own risk factors and the Theoretical IRR is not based upon a specific analysis of this catalog. Click here to view the basis for all Theoretical IRR calculations.
Historic royalty income is no indication of future royalty income. Future royalty income is dependent upon future sales and licensing revenue generated by the sound recordings or compositions associated with this listing.
| Starting Price: | $15,000 |
| Bidding Increment: | $500 |
| Closing Price: | $23,500 |
| End Date: | Apr 01, 2020, 3:17 PM MDT |
| Dollar Age: | 4.44 Years |
| Last 12 Months' Royalties: | $4,907 |
| Investment Term: | 30 years* |
| Distributors: | ASCAP |
| Rights Included: | Public Performance |
| Interests Included: | Songwriter (World) |
| Track List: | |
| First Distribution (paid 30 days from receipt): | April 6, 2020 |
| Distribution Frequency: | Quarterly |
| Buyer Fees: | 1% of closing price or $500 (whichever is greater)‡ |
* Please see the FAQ tab for more information on the 30-year investment term.
‡ Become a Royalty Exchange All Access Investor to waive auction fees and enjoy additional exclusive benefits.
What rights are included?
| Musical Composition | Sound Recording | |||||||
|---|---|---|---|---|---|---|---|---|
| Copyrights included? | No | — | ||||||
| Rights: |
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| Sources: | Internet Streaming, AM/FM & Satellite Radio, TV/Film/Commercial Performances, etc. | Internet Streaming, Satellite Radio, Digital Downloads, CD Sales, TV/Film/Commercial Placements & Performances, Samples, etc. | ||||||
| Distributors: | ASCAP | — |
Description
This offering includes two songs from the Christian rock band Stars Go Dim, including their chart-topping 2015 single, “You Are Loved.”
FINANCIAL HIGHLIGHTS:
Radio generates the most earnings for this catalog, contributing 70% of royalties in the last year. What’s more, radio and satellite radio royalties combined are also the highest-growing source of royalties, at 28% and 34%, respectively. Streaming is the next top-earning source with 17% of returns over the last four quarters.
The hit single “You Are Loved” drives returns for this two-song catalog at 94% over the last 12 months.
ABOUT THE CATALOG:
“You Are Loved” is off the self-titled debut album Stars Go Dim, released in 2015. The track was a big radio success, topping the Billboard Christian Airplay chart at No. 1 and No. 7 on Billboard’s Hot Christian Songs.
The song still earns primarily from radio with two-thirds of royalties in the last year. On the streaming front, the video has over 5 million views on YouTube, and has amassed over 10.5 million spins on Spotify — making it the band’s most popular song on the platform.
Following its release, “You Are Loved” was used in ADT Home Security’s “Home Safe” national commercial campaign in 2017. The commercial was featured on several prominent networks from ABC, AMC, CBS, CNN, NBC and more. You’ll notice a spike in earnings in Q1 and Q2-2018 from TV/Film for the song’s commercial use.
Additionally, this catalog also includes the track “Walking Like Giants,” also off the band’s debut album.
Key Drivers
Radio. Radio is the largest source of revenue for the catalog with accounting for 70% of last year’s royalties. Although radio royalties are still being generated (nearly five years after its release!), they could eventually level off. Typically, songs that experience significant radio play can often build a foundation for other types of income. As the winner of this auction, you will be entitled to all future radio royalties for “You Are Loved” for the next 30 years.
Dollar Age. This catalog has a Dollar Age of 4.44 years. This means the majority of royalties earned in the last 12 months came from songs that have collected royalties for more than four years. A high Dollar Age like this suggests stability and longevity. This can help sustain a catalog's earnings moving forward.
About the Royalty Distributor
American Society of Composers, Authors and Publishers (ASCAP) is one of four United States performing rights organizations, along with BMI, SESAC & Global Music Rights. It collects license fees from music users on behalf of songwriters, composers, and music publishers and distributes them as royalties to those members whose works have been performed. For more information on ASCAP’s distribution schedule, click here.